General Requirement. The Contractor will process recyclable materials delivered to their location by vehicles under Township control or to a location either under his control or engaged by the Contractor. Where a proposer is electing not to submit on a specific Material the words "NO PROPOSAL" shall be entered on the proposal page. The Contractor's facility shall be open at a minimum of Monday through Friday between the hours of 7:00 A.M. to 5:00 P.M. to receive recyclable materials delivered by the Township. An approved market shall be determined by the Contractor and must comply with all New Jersey Department of Environmental Protection Regulations and Statutes of the State of New Jersey. Markets shall be identified before the start of services on the part of the Contractor and a list of said markets shall be provided to the Contract Administrator no less than five (5) days before the start of service. Proposers shall identify all marketindexes as defined herein that are proposed as the reference point for pricing within this Proposal Questions regarding the availability of this RFP should be directed to the Purchasing Agent's Office at, during business hours, 9:00 a.m. until 4:00 p.m Liquidated Damages The parties acknowledge that in the event of a default in performance by the Contractor(s), it is foreseeable that the Township of Bloomfield will suffer damages for which it is entitled to be compensated. Certain of these damages may be reasonably ascertained. Others shall consist of intangible losses which are difficult to accurately calculate and assess, including, but not limited to, revenue losses and general and administrative costs. For these intangible losses, in the event the Contractor fails to satisfactorily comply with all of the terms and conditions of these Proposal specifications, the Contractor shall be liable for, and the Township may assess, the below listed sums as Liquidated Damages. Liquidated Damages shall be assessed based on the findings of the Contract Administrator during the course of this Contract. Any failure by the Contractor to arrange for the Marketing of materials as specified herein may result in the assessment of liquidated damages in an amount equal to two thousand dollars ($2,000.00) per day, plus any and all costs incurred by the Township of Bloomfield for the marketing of said materials. For failure of the Contractor to make payments to the Township of Bloomfield here market revenue is to be paid to the Township, in a timely manner and in a manner as outlined within this RFP, liquidated damages in an amount equal to five hundred dollars ($500.00) per day that such noncompliance remains in effect. For failure of the Contractor to submit recycling tonnage reports as required within this RFP, liquidated damages in an amount equal to two hundred dollars ($200.00) per day that such non-compliance remains in effect. For failure of the Contractor to provide sufficient equipment or staffing as outlined within this RFP to process recyclable material delivered by the Township, liquidated damages in an amount equal to five hundred dollars ($500.00) per day that such non-compliance remains in effect. Bond Details: Each proposal must be accompanied by a Proposal Security in the form of a certified check from the Respondent, or a "Proposal Bond" included in Section 4.07, herein, or on a similar form, duly executed by the Respondent as principal and by a reputable surety company rated A+ or better by A.M. Best Company's Insurance Rating licensed to do business under the laws of and in the State of New Jersey and satisfactory to the Township of Bloomfield as Surety. The amount of the Proposal security shall be ten (10%)percent of the Total Contract Amount indicated in the Proposal Form, not to exceed $20,000. Should the prices being offered be $0.00 or less, than the Proposer shall provide a Proposal Bond equal to $20,000.00. The Proposal security will be held by the Township of Bloomfield as security for fulfillment of the Respondent's Promises, as set forth in this Proposal, that he will not withdraw his Proposal while it is being considered and that he will execute the Contract and furnish all required bonds, insurances, and other documentation required within the specified time. The Respondent to whom the Contract has been awarded, upon his failure or refusal to execute the Contract or to deliver the bonds, insurances or other documentation required within the specified time, shall forfeit the Proposal security The Township of Bloomfield reserves the right to reject anyand/or all Proposals submitted in response to this Request for Proposal (RFP)
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